World A Way To Fix The Economy.

I have a great idea. Actually, multiple great ideas.

1) Emerald storage

With this, whenever a player gets emeralds, they are put into their storage. The catch? Only up to 10 stacks of le can be stored inside. Since players could never have more than 10 stacks, the prices of mythics and such would drop tremendously. If a player gets more emeralds than what's in their storage, those extra emeralds are put into a temporary storage. As soon as there is room, emeralds in the temp. storage are moved to the main storage. Also, emeralds cannot be drawn from the temp. storage, only the main one.

Basically, it's a wallet.

2) Change mythic drop chance

Mythics are the main cause of inflation, so raising their drop chance (for example, making it 0.0000010% instead of 0.0000007%) would reduce their price. This would, however, cause other problems, so the drop chance would go back to normal once the economy was fixed.

3) Emerald flush

Basically, everyone's emeralds are deleted. No money, no inflation. I'm thinking this may include giving every player 32EB as compensation, to reduce rage levels, but that's up to the devs.

4) Scam deals

Sometimes, a merchant will over/underprice an item, so you lose money from the deal. Any merchant can scam you, including the Identifier. It will be impossible to tell if the deal is a scam or not, because the change in price will occur only when the deal is accepted. Also, the chance of a scam increases depending on your current funds, so rich people will lose more. If that is not possible, the chance can be based on level.

Hopefully, at least one of these ideas is good.

 

Trying to fix something that's broken will only break it more.

 

5. make potatoes a currency

 

no emerald flush neither storage pls

 

1. This makes a huge disparity of money between levels, since you can easily achieve 1 stack at level 70. Also, there won't be any point in selling mythics, since 1 stack is nothing to a lot of people.

2. Reducing drop chance will reduce mycthic prices? No way. If you know the principles of supply and demand, you should know that if supply goes down whilst demand stays the same, prices will surge.

3. Although this idea is the best of the four, it will upset every player who has spent hundreds of hours questing and selling items. Think about it from a real life perspective, do you think wealthy people will be willing to give up all of their luxury items and lifestyle? Additionally, this will decrease player base by quite a bit.

4. Are you talking about item buyers? They are really only useful for early levels. The amount of money you can earn from selling junk is futile at higher levels.

 

lowing the drop rate of mythics would raise the price...

 

Yeah, no

Yeah, heck no

Yeah, HELL no

 

1. I think there should be an emerald storage, but without a cap.

2. You have no idea how an economy works do you?

3. They did this in real life, it was called the great depression, look it up.

4. What exactly are you suggesting here?
We sell items for our own prices, there are lots of other sellers out there, if you want it for a lower price look elsewhere.

 

We can always have taxes...or communism

 

Makes sense, but that's going to lose a whole lot of players who rage when they lose their hard earned money.

Also people will rage.


Other then those two, I like the other ideas

 

Wynn's economy is fucked up, and there is no good way to make it not fucked up.

 

you get a stack of le from just quests alone so no to that, 10 stacks of le would be a good cap though, thats the most le anyone should hoard

 

This is like fixing a broken toaster by slamming it against the wall, burning it in the fireplace, then dropping it out the window for good measure.

 

1) So the emerald cap in the emerald storage has no effect, as there is temp storage available. so basically, it only affects how fast you can access your emeralds.
2) what do you pay more for? something as common as mud, or the rarest thing available. No brainer.
3) High levels can make a stack of LE in about an hour, with high intensity grinding.
4) So no one uses the merchants, sells stuff to players, and charge whatever the hell they want, as the merchants can give no reliable price guidance.
so, no, not going to work.
Just accept the fact that Wynncraft's economy is screwed for good, and try to take advantage of it.

 

on second thoughts, there is one way. if the player could trade 10 LE for 2 Gold coins (non refundable) people would be trading LE in for GCs, to get XP, Item, and Loot Bombs. goodbye inflation. (thank you Rextugentos for bringing this to my attention.)

 

Eula.

On the basis pf the claims on how to fix the economy, set an emerald drain, not a deletion, but a drain that takes emeralds in 1 way. A great example is guilds, currently, as they provide a reward for donating emeralds.

 

Actually since they've stopped selling GC as a currency in their shop, it wouldn't be against EULA.
It would only be against EULA if you could buy shop items with this GC.

 

1. I say possibly yes, may be beneficial in some ways.
2. Not exactly sure how this would help, since mythics would be even more rare. Did you mean to say increase the drop chance? If so, then Im still not syre.
3. YESS! It would make everyone rage though. Maybe try to create a rage free version?
4. This has literally no effect at all.


Also, I do think that merchant prices should be the same as player prices.

 

Alright, that seems good. I'll raise the cap soonTM.

Yes, I did. I'll fix that.

This concept also includes the identifier, shops, and basically every NPC service.

I'll look into that.

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That's actually a great idea! Everyone would use their money to buy bombs and such, and it would be similar to the Emerald flush, only people would still have money leftover.

 

Extra Credits recently made a video concerning this exact topic; however, most of those ideas wouldn't work on Wynncraft (as they're probably against the EULA or something like that)